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Performance Food Group ( (PFGC) ) just unveiled an update.
On February 19, 2026, Performance Food Group, Inc., an indirect wholly owned subsidiary of Performance Food Group Company, issued at par $1.06 billion of 5.625% senior notes due March 1, 2034, and used the proceeds, along with borrowings under its revolving credit facility, to redeem all outstanding 5.500% senior notes due 2027 and pay related fees and expenses. The new senior unsecured notes, guaranteed by the issuer’s direct parent and certain domestic restricted subsidiaries but not by the ultimate parent company, include change-of-control and asset-sale repurchase protections, detailed call schedules starting in 2029, equity clawback provisions, and restrictive covenants shaping the group’s future leverage, capital allocation, and intercompany transactions, and were sold to qualified institutional buyers and non-U.S. investors under private offering exemptions.
The most recent analyst rating on (PFGC) stock is a Buy with a $101.00 price target. To see the full list of analyst forecasts on Performance Food Group stock, see the PFGC Stock Forecast page.
Spark’s Take on PFGC Stock
According to Spark, TipRanks’ AI Analyst, PFGC is a Neutral.
The score is driven primarily by solid operating growth and improved cash generation, tempered by elevated leverage and thin, recently softening margins. Technicals are currently weak with the stock trading below key moving averages, and valuation looks demanding at a 41.688 P/E. Earnings call commentary supports the long-term thesis but highlighted meaningful near-term margin and integration headwinds, while recent corporate actions modestly improve maturity profile amid higher debt usage.
To see Spark’s full report on PFGC stock, click here.
More about Performance Food Group
Performance Food Group Company operates in the food distribution industry through its subsidiary Performance Food Group, Inc., supplying food and related products to customers across the United States. The company accesses capital markets and utilizes revolving credit facilities and senior notes to support its financing structure and ongoing corporate needs.
Average Trading Volume: 2,335,654
Technical Sentiment Signal: Strong Buy
Current Market Cap: $15.47B
Learn more about PFGC stock on TipRanks’ Stock Analysis page.